Funding you earn now, next payment 08:00 UTC−0.0281%/8h= −30.8% APRnext payment −$2.81 per $10,000 · paid last 24h −0.070%
Price spread now: Gate against Binance+0.006%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.365% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now +0.006%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EWYUSDT | 190.22 | 0.0281 | pay 0.0281% / 8h | 5h 28m | $28.4M | $77.0M | 50x |
| Short | Gate EWY_USDT | 190.23 | 0 | get 0.0000% / 8h | 5h 28m | $4.1M | $3.7M | 50x |
Binance EWYUSDT
Gate EWY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$59
- Price spread: +0.006% → +0.001%
- $0.55
- Slippage, 4 orders
- −$11.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.93
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 0.26 bp | 5.3 bp −$5 | 6.3 bp −$63 | 18.0 bp −$1,799 | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.36 bp | 13.7 bp −$14 | 21.4 bp −$214 | 42.1 bp −$4,205 | 77.8 bp −$38.9K |
EWY on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit EWY_USDC-PERPETUAL | −0.0171% | 1h | 190.16 | −0.030% | $2K | $13K | 20x | as long as short |
| Bybit EWYUSDT | 0.0000% | 8h | 190.28 | +0.033% | $5.1M | $4.3M | 100x | as long as short |
| Gate EWY_USDTshort | 0.0000% | 8h | 190.23 | +0.006% | $4.1M | $3.7M | 50x | |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 190.31 | +0.047% | $752K | $391K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 190.27 | +0.027% | — | $2.5M | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | 0.0000% | 1h | 190.16 | −0.030% | $530K | $312K | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 190.35 | +0.069% | $22K | $36K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 190.29 | +0.038% | $1.7M | $38K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 190.17 | −0.025% | $385K | $39K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 190.40 | +0.096% | — | $220K | 25x | as long as short |
Deribit EWY_USDC-PERPETUAL
Bybit EWYUSDT
GRVT EWY_USDT_Perp
SunX EWY-USDT
Coinbase International EWY-PERP-INTX
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Vest EWY-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex EWYUSDT | +0.0048% | 1h | 190.22 | +0.001% | $198K | $145K | 20x | as long as short |
| tradeXYZ xyz:EWY | +0.0050% | 1h | 190.15 | −0.036% | $6.1M | $13.9M | 20x | as long as short |
| Entropy io:EWY | +0.0050% | 1h | 190.17 | −0.025% | $51K | $57K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 190.05 | −0.088% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 190.21 | −0.004% | $749 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 190.14 | −0.041% | $199K | $266K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0056% | 8h | 190.20 | −0.007% | $23 | — | 5x | as long as short |
| Bitget EWYUSDT | +0.0074% | 8h | 190.22 | +0.001% | $2.7M | $2.0M | 20x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 190.24 | +0.012% | $980K | $628K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 190.25 | +0.017% | $13K | $264K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 190.25 | +0.017% | $2K | $1K | 20x | as long as short |
| OKX EWY-USDT-SWAP | +0.0111% | 8h | 190.27 | +0.027% | $4.1M | $3.5M | 50x | as long as short |
| Aster EWYUSDT | +0.0205% | 8h | 190.29 | +0.039% | $295K | $12K | 20x | as long as short |
| Variational Omni EWY | +0.0257% | 8h | 190.27 | +0.025% | $1.2M | $1.1M | — | as long as short |
| Extended EWY_24_5-USD | +0.0280% | 1h | 190.15 | −0.033% | $302K | $665K | 10x | as long as short |
| Binance EWYUSDTlong | +0.0281% | 8h | 190.22 | long leg | $28.4M | $77.0M | 50x | |
| MEXC EWY_USDT | +0.0286% | 8h | 190.20 | −0.009% | $6.5M | $4.2M | 100x | as long as short |
| BloFin EWY-USDT | +0.0292% | 8h | 190.28 | +0.033% | $48K | $214K | 50x | as long as short |
| Hotstuff EWY-PERP | +0.0352% | 1h | 190.14 | −0.041% | $29K | $12K | 20x | as long as short |
| edgeX EWYUSDC | +0.0892% | 4h | 190.38 | +0.083% | $427K | $284K | 20x | as long as short |
Popdex EWYUSDT
tradeXYZ xyz:EWY
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
Bitget EWYUSDT
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
OKX EWY-USDT-SWAP
Aster EWYUSDT
Variational Omni EWY
Extended EWY_24_5-USD
MEXC EWY_USDT
BloFin EWY-USDT
Hotstuff EWY-PERP
edgeX EWYUSDC